đš CRYPTO BREAKING: Pakistan Makes a Major Blockchain Move đš
Pakistan has signed a non-binding Memorandum of Understanding (MoU) with Binance to explore the tokenisation of up to $2 billion in sovereign assets, including government bonds, T-bills, and commodity reserves.
The initiative aims to improve liquidity, transparency, and efficiency across Pakistanâs financial system.
đč Finance Minister Muhammad Aurangzeb called the move a strong signal of economic reform.
đč Binance founder CZ described it as a landmark step for Pakistanâs financial future.
Adding momentum, the Pakistan Virtual Assets Regulatory Authority (PVARA) has granted pre-clearance to Binance and HTX, opening the door for full licensing later this year.
đ Why this matters
âą Introduction of blockchain infrastructure at a sovereign level
âą Accelerated crypto adoption in a country ranked #3 globally in retail crypto activity
âą Increased global attention on South Asiaâs digital-asset landscape
This could mark the beginning of a new chapter for Pakistanâs economy â and a broader signal for emerging markets embracing tokenisation.
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